iPhone | iPad
Android
Huawei
Indian have been drawn with hosts UAE, Malaysia and Kazakhstan in Group B of the Asian Badminton Mixed Team Championship
KT APPDOWNLOAD
UAE: Extremely rare 101-carat ruby unveiled in Dubai
Called Estrela de Fura, this precious stone is believed to be the world's largest gem-quality ruby ever mined
For a month, Dubai will be home to the world's largest gem-quality ruby ever discovered.
The breathtaking 101-carat Mozambican gemstone was unveiled by Fura Gems Inc at DMCC’s Dubai Diamond Exchange on Wednesday.
Named Estrela de Fura (Star of Fura in Portuguese), the rare pigeon-blood rough ruby will stay in the emirate before it is placed for private auction in October. Not everyone will be able to see it, though, as viewing will be available strictly through appointments.
“We are incredibly thrilled to have discovered Estrela de Fura, the world’s largest gem-quality ruby ever mined. With over two years of production, Fura has proven its ruby mine in Mozambique to be a world-class deposit," said Dev Shetty, founder and chief executive officer of Fura Gems.
"This discovery is an unprecedented occurrence and a moment of honour for us at Fura and for Mozambique."
The premium-quality ruby — with a vivid red hue and distinctive fluorescence and clarity — is said to be extremely rare.
For centuries, the finest of rubies have been synonymous with Mogok in Burma, but Estrela de Fura's discovery places the spotlight on Mozambique as a source of rare gem-quality crystals.
A gemstone that could set a world record
An expert described the ruby as "the most consequential and promising gemstone" ever tested in his career.
"This ruby shows characteristics normally encountered only in the classical Mogok mines of Burma. It possesses a fluorescence and vivid red colour and even excels in its excellent clarity," said Dr A. Peretti, owner and CEO of GRS GemResearch Swisslab.
"Estrela de Fura provides the potential to achieve the new world record of being the finest gem-quality ruby ever found with a size of over 50 carats once it goes through the final cutting process," he added.
Shetty said they chose to unveil the rare gem in Dubai because the emirate is their "birthplace".
"We gave birth to Fura in Dubai, here in DMCC and it has to start here. We are headquartered here. It’s an iconic day not only for us but for Mozambique, DMCC, for Dubai and also for my community back home in Mozambique where we operate," he added.
Ahmed Bin Sulayem, executive chairman and CEO of DMCC, added: “DMCC has played a significant role in solidifying the emirate as a global trade hub, particularly for precious stones. We are honoured to partner with Fura to unveil the world’s largest gem-quality ruby here at the Dubai Diamond Exchange; yet another demonstration of Dubai’s pivotal role in the global gemstone industry.”
ALSO READ:
More news from
Dr Nadine Tarcha, Pfizer’s Gulf medical director, explains how the initiative seeks to benefit people, bridges inequities and helps adult immunisation in the region
Official evaluation of the new work system found 74 per cent increase in the attendance rate, while sick leave rates decreased by 46 per cent
The 'Riayati' platform is expected to enhance healthcare experience in the country and help professionals care for patients better
More than 700 flights to or from Dallas-Fort Worth International Airport and more than 200 to or from Dallas Love Field were cancelled or delayed on Tuesday
Twitter buzzed with various memes questioning the Hindenburg report, and others praised the performance of his company after the secondary share sale was fully subscribed
Primates become less active and stop eating when there is no light. As a temporary solution, battery-powered lights have been installed, says primate specialist
Home care for elderly also among key areas of focus, as emirate’s investment-friendly ecosystem makes it conducive for international businesses